ICICI Pru MF has notified a change in exit load for all investments made through Systematic Transfer Plan (STP) under its equity schemes w.e.f. February 11, 2009. Accordingly, for all investments through STP, an exit load of 1.50% (if units are redeemed within 1 year) or 1% (if units are redeemed after 1 year but within 2 years) will be chargeable.
The same load structure is also applicable for investments through Systematic Investment Plan (SIP), effective January 01, 2009.
